Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
SOL
Solana (SOL) Ripe For Price Discovery, Analyst Eyes $600 Target
Market watchers have praised the Solana (SOL) price action throughout the month. The fifth-largest cryptocurrency by market capitalization has displayed a strong performance despite the market shakeouts, recently reclaiming the $160 support level. Analysts suggest that SOL might repeat history and kickstart a rally toward a new all-time high (ATH) soon. Solana Breaks Out Of Consolidation Range In August, Solana’s strength was tested during the market retraces. Several analysts deemed SOL one of the strongest assets this month, noting its…
10 months ago
Solana (SOL) manoeuvres into pole position ready for bull market surge
A huge surge could be about to push Bitcoin (BTC) and the altcoins much higher. Among the altcoins, Solana (SOL) is in pole position, and the first major altcoin to lead crypto into a new stage of the bull market. $BTC needs to sustain $63,000 Bitcoin is suffering some volatility right now as it attempts to hold the newly acquired support at $63,000, and it could be touch and go as to whether the $BTC price can sustain this level.…
10 months ago
Crypto Price Analysis 8-26 BTC, ETH, SOL, DOGE, DOT, XRP, SEI
Bitcoin (BTC) saw a significant jump over the weekend, moving above $64,000. The world’s largest cryptocurrency shed its recent sluggish price movement due to two positive developments. The first catalyst was Federal Reserve Chairman Jerome Powell confirming a monetary easing cycle beginning next month. The second catalyst was crypto-friendly RFK Jr. throwing his weight behind Trump in the presidential elections after suspending his own campaign. Bitcoin (BTC) Sitting Above $64,000 Bitcoin (BTC), already up around 3% on the news of…
10 months ago
Solana Price (SOL) Could Spark Another Rally by Clearing $162
Solana started a fresh increase above the $150 resistance. SOL price could rally further if there is a clear move above the $162 resistance. SOL price started a fresh upward move above the $150 and $155 levels the US Dollar. The price is now trading above $155 and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $158 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could…
10 months ago
Solana (SOL) and BNB Holders Look To Weather Storm By Seeking Shelter in Fastest Growing New ICO
The post Solana (SOL) and BNB Holders Look To Weather Storm By Seeking Shelter in Fastest Growing New ICO appeared first on Coinpedia Fintech News As the market experiences a mini-rebound, Binance Coin and Solana investors are hoping for an imminent breakout. Meanwhile, Rollblock investors have been enjoying gains all crash long, and analysts are tipping RBLK for exponential 50-100x gains as the presale finalizes in Q4. Solana Stagnates As Market Begins To Wake Up In 24 hours, the market…
10 months ago
Top Three Altcoins To Watch In 2024: Can ETFSwap (ETFS) Outshine Solana (SOL), Cardano (ADA), And Avalanche (AVAX)?
The post Top Three Altcoins To Watch In 2024: Can ETFSwap (ETFS) Outshine Solana (SOL), Cardano (ADA), And Avalanche (AVAX)? appeared first on Coinpedia Fintech News Novel ETF sensation, ETFSwap (ETFS) is making rounds in the crypto space with its ingenious tokenized ETF solution, and as such has emerged among the top three altcoins to watch in 2024. Consequently, major market makers and ecosystem volume analysts speculate as to whether it can outshine Solana and Avalanche (AVAX). Can ETFSwap (ETFS)…
10 months ago
Meme Coin Investors Switch From Solana (SOL) To Tron (TRX), New Crypto Presale Nears 10K Registrations
The post Meme Coin Investors Switch From Solana (SOL) To Tron (TRX), New Crypto Presale Nears 10K Registrations appeared first on Coinpedia Fintech News Currently, a noticeable transition is underway in the world of crypto as investors move from Solana to Tron while a new crypto presale rapidly approaches 10,000 registrations. Rollblock — a groundbreaking project in the iGaming sector — is catching the attention of savvy investors, positioning itself as the best new crypto to buy and the best…
10 months ago
Crypto Price Analysis 8-23 BTC, ETH, SOL, DOGE, ADA, DOT, WIF
Bitcoin (BTC) has held firm above $60,000, although its price has not seen much movement. The asset is trading around the $60,700 price level. The crypto market cap currently stands at $2.15 trillion, an increase of 0.72% over the past 24 hours. While BTC has gained around 21% since dipping below $50,000 on August 5, it has struggled to stay above $60,000. BTC’s sluggishness could be blamed on investors looking to balance risk, who have pivoted to bonds and stocks…
10 months ago
Solana (SOL) Whales Dump Their WIF and BONK Bags to Buy This $0.034 Token, but Why?
The post Solana (SOL) Whales Dump Their WIF and BONK Bags to Buy This $0.034 Token, but Why? appeared first on Coinpedia Fintech News The Solana (SOL) ecosystem has been struggling to bounce back after two market setbacks, but a recent move by SOL whales has stirred up concern among investors. A significant selloff of Dogwifhat and BONK by large accounts has caused these tokens’ prices to drop sharply. Market analysts suggest that this selloff might indicate a shift towards…
10 months ago